Deluxe to acquire post production icon MRPPP

Deluxe Australia, a subsidiary of Deluxe Entertainment Services GroupInc., today announced that it has entered into an agreement to acquireleading Australian commercial post production business MRPPP,previously known as Mike Reed Partners Post Production.

Operatingfor over 35 years, MRPPP is a cornerstone of the Australian postproduction industry specializing in editing, sound, design and onlineservices for commercials in television from its facilities in Melbourneand Sydney.

Andrew Shostak, Managing Director of MRPPP said of the deal, “Oursuccess has been based on having talented people that deliver greatcreative product for our commercial clients. From my earliestconversations with the Deluxe executive team locally and in the U.S. itwas evident that they shared this same philosophy.”

MRPPP will be able to offer world class services to complement theEFILM® commercial colour grading systems in Sydney, and the MRPPPMelbourne facility as of 2011. The Resolve grading suite will bematched to its similar offering in Sydney with Edel Rafferty serving asSenior Colourist at MRPPP Melbourne.”

Deluxe’s General Manager of Creative Services Anthos Simon said,”Deluxe and EFILM have wonderful relationships with leading film makersboth locally and internationally .  MRPPP equally enjoys goodrelationships with its commercial clients and shares the customer-firstphilosophy of Deluxe.”

Andrew Shostak will continue to manage the organisation with all ofMRPPP’s senior partners, Michael Houlahan, Seth Lockwood, Rosano Lepriand Tim Parrington remaining in place. The business will continue tooperate as MRPPP out of the existing addresses in Sydney and Melbourne.

Deluxe Australia’s Managing Director Alaric McAusland said, “This is asignificant step forward for Deluxe Australia and particularly forVictorian commercial and feature film makers. It builds on our 40-yearcommitment to the State’s screen production community as Deluxe andpreviously as Cinevex. Deluxe, MRPPP and our other creative servicebrands CIS-Postmodern, EFILM and StageOne Sound will continue to focuson delivering the highest quality creative outcomes for our customerssupported by the best technology and industry expertise,” addedMcAusland.

The transaction is subject to customary closing conditions and is expected to close by the end of November.